Financial Robo-Advisor
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A Financial Robo-Advisor is a financial advisor that is an automated agent (who can perform financial advise-giving tasks).
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- Counter-Example(s):
- See: Modern Portfolio Theory, Investment Management.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Robo-Advisor Retrieved:2015-3-2.
- Robo-advisors are a class of financial adviser that provides portfolio management online with minimal human intervention. While their recommendations may vary, they all employ algorithms such as Modern portfolio theory that originally served the traditional advisory community, which has relied on algorithmic templates to conduct portfolio management since at least 2005.